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551 East St

6,500 SF 100% Leased Retail Building Chicopee, MA 01020 $812,500 ($125/SF)

Executive Summary

Multi tenanted retail strip center with excellent frontage on East Street.
Quality tenants with ample off street parking in the rear of the building.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,500 SF
Year Built/Renovated
1948/2005
Price
$812,500
Price Per SF
$125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.36 AC
Zoning
102
Parking
25 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
102 FT on East Street

Nearby Major Retailers

Starbucks
Rent-A-Center
Planet Fitness
Bank of America
TD Bank
Big Y
Ninety Nine Restaurant & Pub
Citizens Bank
Stop & Shop

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CHIC-000072-000000-000029
Land Assessment
$131,600 (2024)
Improvements Assessment
$353,600 (2024)
Total Assessment
$485,200 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33448146

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 551 East St, Chicopee, MA 01020

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